Search results
Results from the WOW.Com Content Network
Oil train near La Crosse, Wisconsin. Petroleum transport is the transportation of petroleum and derivatives such as gasoline . [1] Petroleum products are transported via rail cars, trucks, tanker vessels, and pipeline networks. The method used to move the petroleum products depends on the volume that is being moved and its destination.
Commonly characterized as "Big Oil", the industry includes exploration, production, refining, transportation, and marketing of oil and natural gas products. [1] The leading crude oil-producing areas in the United States in 2023 were Texas, followed by the offshore federal zone of the Gulf of Mexico, North Dakota and New Mexico. [2]
Today in Energy: Informative content published every weekday that includes a graph or map and a short, timely story written in plain language that highlights current energy issues, topics, and data trends. [7] This Week in Petroleum: Weekly summary and explanation of events in United States and world petroleum markets, including weekly data. [8]
Jun. 7—AUSTIN — Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for March 2024 came from 163,674 oil wells and 84,739 gas wells, a ...
The raw energy resources include for example coal, unprocessed oil & gas, uranium. In comparison, the refined forms of energy include for example refined oil that becomes fuel and electricity. Energy resources may be used in various different ways, depending on the specific resource (e.g. coal), and intended end use (industrial, residential, etc.).
"It is the most significant set of market dislocations and distortions in energy markets generally speaking that I ever recall,” Ed Morse, global head of commodity research at Citi Group, told ...
U.S. stocks sank, and oil prices slipped amid two key pieces of data: the JOLTS job openings survey, which showed a softening in the labor market, and factory orders data.
HDPE pipeline on a mine site in Australia. A pipeline is a system of pipes for long-distance transportation of a liquid or gas, typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than 2,175,000 miles (3,500,000 km) of pipeline in 120 countries around the world. [1]